Key facts
- April's job openings increase is expected to be revised downwards.
- Professional and business services openings surged by 668K in the initial report.
- The sector's openings reached 1,715K in the initial estimate.
The initial estimate for April's job openings showed a substantial increase, largely driven by a reported surge of 668,000 in the professional and business services sector, bringing its total openings to 1,715,000. However, analysis suggests that this significant jump is likely to be revised downwards in subsequent reports, a pattern that has been observed previously for this sector.